Personally, I like Huskies. Toronto's colours are blue and white (with a bit of red thrown in for good measure, but not necessary), so it would be nice if all the teams would adopt those colours.

Modernize the colours, logo and uniforms so they don't look like a CIS team (looking at you 76ers and Jazz), and there you go. The Raptors don't really have a glowing history, so I wouldn't be opposed to a re-branding. The only problem is that you can't keep re-branding. This name has to stick and have a thread into the community that they can embrace.

Or the team just doesn't have to have a name. Just Toronto Basketball Club. Kinda like what they do outside of North America.

As far as names go, I like Huskies, North, Ice and Leafs. We can all relate to them.
As fr as uniforms go, 1 is interesting, 9 can work with a name change, 39 and 40 could be interesting.
On a special note, I like the idea of having leaf on front of the uniforms.

I love #56, just a nice clean look. Team needs to go to blue also like the rest of Toronto's teams. I'm not even from T.Dot and I think it's kinda silly to sell it as Canada's team when most of the country bandwagons to the Lakers or Heat.